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Mihai_Iacob
Jan 11, 2022 4:21 AM

EurUsd- Are we doing something already??? 

Euro Fx/U.S. DollarFXCM

Description

There are 8 weeks now since EurUsd is in fact sitting still, with the price contained in a very tight range, that gets tighter and tighter.
After such a long consolidation we can expect a very strong move and only the direction remains to be seen.
I'm out for now and waiting for a break above 1.14 for a medium-term trend change to the upside, or a dive below 1.1250 for a continuation to the downside
Comments
AlkalineFX
Seems likely!
ForexTrendline
I'm also expecting a downside move, however before that we could see price continuing a bit higher! Good luck!
Super_B_XinR
When everyone starts to get bullish, good things are about to happen! I hope the trade pattern will confirm.
UnitedSignals
Thank you for posting this idea!
JoeChampion
Awesome work buddy!
VasilyTrader
Did you consider coming fundamental data this week?
Investroy
The ascending triangle looks powerful! Let’s wait for a breakout
EliteTradingSignals
My bias is mixed right now to be honest!
lollerfirst
The market is like that sometimes. You can't really time it.
DeGRAM
Nice chart
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